BTC Basis Rates Today
Current BTC cash-and-carry opportunities across exchanges, with gross and model-adjusted apr.
BTC basis opportunities exist across 2 exchanges. Model-adjusted APR reflects realistic returns after execution costs.
BTC Basis by Exchange
BTC Basis Rate FAQ
What is the current BTC basis rate?
The average BTC basis rate across exchanges is -39.3% model-adjusted APR. The gross basis APR before costs is 80.5%, but execution costs reduce the deployable yield.
Which exchange has the best BTC basis rate?
Currently, Binance offers the best model-adjusted basis APR for BTC. This accounts for fees, slippage, and trust-based adjustments.
How long until BTC basis contracts expire?
Current BTC basis opportunities have expiries ranging from 61 to 61 days. Shorter expiries offer less time for basis to converge but may have higher annualized rates.
Why is BTC model-adjusted APR lower than gross APR?
Gross basis APR is the raw annualized spread before costs. Model-adjusted APR subtracts trading fees, estimated slippage, and trust-based haircuts. This gives a more realistic estimate of deployable yield.
What is BTC basis trading?
Basis trading (cash-and-carry) involves buying BTC spot and shorting a delivery future. The profit comes from the basis converging to zero at expiry. FYOS calculates model-adjusted APR to show realistic returns.